Oracle provides cloud infrastructure for TikTok, which has over 120 million users in the U.S. A U.S. ban of TikTok might hurt Oracle 's business, the software company acknowledged in its annual ...

Oracle warns TikTok ban could hurt earnings Provided by Dow Jones Jun 25, ... China's ByteDance said in April, a day after the legislation was signed, that it won't sell TikTok's U.S. business.

The company, which has close ties to the incoming Trump administration, has said in the past that its sales and profits would be hurt by a TikTok ban. Mr. O’Donnell said there were a few ways ...

In 2020, TikTok became a crucial early client when Oracle was trying to build what was then a nascent part of its business. Last summer, Oracle warned investors that a TikTok ban would hurt ...

In fact, TikTok has become such a major customer of Oracle's, that the latter said a ban on the former would hurt its business. Other U.S. investors are also involved in the TikTok takeover talks.

Top congressional aides met with Oracle on Tuesday to talk about TikTok, which faces a ban in the United States unless it is sold to a non-Chinese owner by early April.

Oracle is considering a deal that would have it “vouch” for TikTok’s security in exchange for a small stake in its US operations, according to Bloomberg.

In letters sent to Apple, Google, and TikTok itself, Members of Congress reiterate that a TikTok ban is coming in January, unless the Supreme Court steps in. On Friday, House China Select ...

A U.S. ban of TikTok might hurt Oracle's business, the software company acknowledged in its annual report on Monday. 📺 Los Angeles news 24/7: Watch NBC4 free wherever you are ...

Oracle said a ban on TikTok in the U.S. could hurt revenue and profit. In April, President Joe Biden signed a bill demanding that ByteDance sell TikTok in nine months, or one year if an extension ...